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Description

IFRS 5: Identifying Assets Held for Sale, Measurement and Presentation

Classify an asset or a business undergoing disposal and present discontinued operations correctly

  • 0.43 days — 3 h
  • In-person or virtual
  • Foundation
  • Up to 6 participants

A disposal announced during the financial year disrupts the presentation of consolidated accounts. Teams hesitate over the classification date, the perimeter to isolate and the treatment of depreciation. A misjudgement flows through to reported profit and to published comparatives, leading to costly corrections at the following close.

This three-hour session works through IFRS 5 from the classification criteria to the disclosures required in the notes. Participants apply the measurement and presentation rules to a fixed-asset disposal case and then to the exit of an entire business line.

Learning objectives

  • Verify the criteria for classification as an asset held for sale
  • Distinguish a single asset from a disposal group
  • Measure the assets concerned and cease depreciation
  • Present a discontinued operation in the consolidated income statement
  • Prepare the disclosures required in the notes on disposals in progress

What makes this programme different

Complete treatment of a business exit from announcement through to publication
A decision tree for ruling on the classification of an asset
Clear articulation with the restatement of comparative periods

Programme

1The Scope of IFRS 5

Knowing when the standard applies

  • Criteria for classifying an asset as held for sale
  • The concept of a disposal group
  • Distinction from a mere intention to sell
  • Date on which the criteria are assessed

2Measurement and Recognition

Fixing the carrying value at the right moment

  • Measurement at the lower of carrying amount and fair value less costs to sell
  • Cessation of depreciation from the classification date
  • Treatment of impairment losses and their reversal
  • Assets that cease to meet the criteria

3Presentation and Discontinued Operations

Making the accounts consistent to read

  • Definition of a discontinued operation
  • Separate presentation in the statement of financial position and income statement
  • Restatement of comparative periods
  • Disclosures required in the notes

Who is it for

Group consolidation accountants and financial controllers involved in the preparation of consolidated accounts.

Prerequisites

Familiarity with the general principles of IFRS and with the consolidation process.

Dates & locations

12 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.